Category

"Gold"

Apr

2010

Current Gold Price Buy Sell Action and the Biggest Fraud In History (Part 2)

By: Doug Eberhardt Category: Gold Tags: Adrian Douglas, Andrew Maguire, Biggest Fraud In History, Buy Silver Safely, CFTC, Commitment of Traders, CPM Group, GATA, Gold, Gold Price Manipulation, Goldman Sachs, HSBC, Jeffrey Christian, JP Morgan Chase, King World News

Recent movements in the price of gold have caused me to analyze the gold market taking into account recent news that some call the biggest fraud in history.

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Apr

2010

Gold Price Buy Sell Action – Recession? What Recession? (Part 1)

By: Doug Eberhardt Category: Gold Tags: buy gold, Gold, Gold Buying Pressure, Gold Investing, Kitco Gold Index, Mish Shedlock, Recession, Retail Sales, Stock Market, U.S. Dollar, Unemployment

This past week the price of gold moving due primarily to buying pressure caught my eye. Is the recession over or not?

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Mar

2010

Buying Gold in YEN Now Making Sense

By: Doug Eberhardt Category: Gold Tags: buy gold, EURO, GDP, government debt as a % of gdp, Government Spending, japanese economy, YEN

As bad as things are here in the U.S., despite a current rising stock market, Japan has some serious issues to deal with as their economy spirals down the path of self destruction, bringing down with it the YEN.

Is now the time to buy gold priced in YEN?

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Mar

2010

Why Is the U.S. Dollar Price of Gold Falling?

By: Doug Eberhardt Category: Gold Tags: buy gold, Buy Gold Safely, Gold Investing, TBT, U.S. Dollar, U.S. Dollar Index

Let’s face it. With yield on treasuries and CD’s so low, those who have lived off of the interest from their various investments have seen their income fall considerably. To prevent having to dip into principal and deplete one’s savings, investors are now choosing to put their money in financial instruments that offer a better return.

But is gold still a good investment?

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Mar

2010

Is Gerald Celente Right About the "Crash of 2010?"

By: Doug Eberhardt Category: Gold Tags: buy gold, China, Crash of 2010, Economy, GDP, Gerald Celente, slave labor, U.S. Manufacturing

My point in critiquing Celente is on the timing of his “crash” prediction, not on whether or not there will be a crash. He will probably take credit for predicting the crash no matter when it occurs, but the reality of it happening in 2010 is a mystery to me, barring any external influences (like WWIII).

I also take issue with his simplistic concept of bringing production (manufacturing) back home” and his “slave labor” comment which I’ll address first.

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Mar

2010

Dennis Gartman Flip Flopping On Gold and U.S. Dollar

By: Doug Eberhardt Category: Gold Tags: buy gold, buy gold in euros, dennis gartman, Euro is Doomed, Gold, Gold Investing, govenment spending, Greece crisis, the gartman letter, U.S. Dollar, U.S. Dollar Index

So which Dennis Gartman recommendation do you follow, the one where he’s long gold in EUROs and other foreign currencies, or the one where he’s long gold in U.S. Dollars?

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Feb

2010

The Banking Crisis Is Far From Over Revisited – FDIC Troubles and Bank Shenanigans

By: Doug Eberhardt Category: Gold Tags: Bailout, bank failures, banking crisis, failed bank, FDIC, foreclosures, Insolvency, U.S. banks

While we’re seeing foreclosures occurring today at a higher rate, banks are doing something today that doesn’t seem to be getting much attention. People have stopped paying their mortgages and the banks aren’t foreclosing on many of them.

Why Aren’t Banks Foreclosing on People Who Aren’t Paying Their Mortgages?

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Feb

2010

Call to Buy Gold in EUROs Up 7.92% Last 60 Days

By: Doug Eberhardt Category: Gold Tags: buy gold, buy gold in EURO, Gold naysayers, U.S. Dollar Index

While the Dollar Index has climbed to over 80, the EURO is breaking down from the 1.49 price of November 18, 2009 price of 1.49, currently trading around 1.36.

In the last 60 days, you can see by the chart below gold has risen by 7.92% priced in EUROs. Not bad for a two month’s return… What Will Happen Next?

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Feb

2010

Gold Kills Cancer and the Media Is Silent

By: Doug Eberhardt Category: Gold Tags: Bernanke, cancer cure, capital gain tax on gold, Gold, gold nanoparticles kill cancer, kanzius machine

Can gold cure cancer? The answer may be a resounding YES! But will Bernanke, the FDA and Congress allow it? Where is the media coverage?

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Feb

2010

Two Faced Soros Says Gold Is the Ultimate Bubble

By: Doug Eberhardt Category: Gold Tags: buy gold, George Soros, Gold, Gold Investments, gold ultimate bubble, U.S. Dollar, U.S. Dollar Index

But more importantly one must understand that gold is just a shiny rock. How can a shiny rock be in a bubble? It is what the shiny rock is priced in that matters. For U.S. Dollar gold to be in a bubble, this would have to mean that the U.S. Dollar is going to get stronger. Much stronger.

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